Richard Stacker Email & Phone Number

Sydney, Nsw, Au

Sydney, Australia

In my role as Industrial & Logistics CEO, I lead Charter Hall’s $19b industrial business as well as overseeing a $5.5 billion development pipeline , responsible for the investment management, development, asset and property management of Australia’s largest industrial and logistics property portfolio and managing relationships with our investor and tenant customers.As a member of Charter Hall’s Group Executive, I’m responsible for leading the growth and strategic development of the Industrial & Logistics business. I am focused on providing quality investment opportunities and consistent returns for investors, providing high quality facilities for tenants tailored to their business needs in key industrial hubs in Australia. Charter Hall has been actively growing its portfolio of high quality industrial and logistics facilities over recent years. We are proud to be a market leader in creating and delivering quality industrial and logistics real estate for our customers, with a development pipeline end value of approximately of $5.5 billion.The Group’s significant landbanks across Australia, primarily along the eastern seaboard, can deliver approx. 1,500,000sqm of new logistics facilities. These landbanks are in core infrastructure hubs, zoned and ready to develop to take advantage of the favourable market conditions including strong tenant demand locally and overseas for technology enabled warehouses driven by growth in eCommerce, logistics, distributors and retailers. Leveraging our deep cross-sector tenant relationships and integrated business model, Charter Hall provides a clear advantage for businesses seeking state-of-the-art, sustainable logistics and warehouse facilities in key growth hubs in Australia.

Sydney, Australia

In 2016, I assumed responsibilities for global investor relations, in addition to my role as Head of Direct Property. In this role I led the raising of capital globally and locally for pooled funds, new investor partnerships and joint ventures, as well as managing our relationships with listed, wholesale and retail investors. Since taking on this role in 2016, over $5b in equity has been raised from listed, wholesale and retail capital to grow the Charter Hall listed and unlisted funds management platform. Charter Hall funds and its Investor Relations function are widely recognised by independent researchers, financial advisers, investors and competitors as leading the unlisted retail sector with high quality, innovative products investing in high quality institutional grade assets with strong fundamentals including long lease tenure to quality tenants. The leading position of this business has been recognised by the consistent top quartile outperformance of the funds. During my time leading this function I established an offshore presence for Charter Hall covering North America, Asia/Europe. This has resulted in investors from 13 different countries including USA, Canada, Japan, Korea, Netherlands investing in Charter Hall’s wholesale and retail pooled funds and partnerships. Capital raising since 2016 for our market leading wholesale pooled office and industrial funds and new wholesale partnerships has resulted in over $3b in new capital committed by investors.

Sydney, Australia

In my time in this role I have overseen the rise of Charter Hall’s Direct Property business (office, industrial, retail) from outside the top 10 Managers to be the number one fund manager in the unlisted retail investor sector in just three years. This leadership position has been successfully maintained since 2013 with consistently outperforming the MSCI/IPD wholesale property index. I was responsible for leading the establishment and structuring of new funds, the management of these funds, including overseeing transactional, development, asset and property management as well as capital raisings. Since 2010, the Direct Property division launched 11 new funds, raised $2.1b in retail investor capital (average investment $100,000 per investor) and acquired over $3b in assets, as well as disposing over $1b in non-core assets to total $3.1bn in June 2018. New funds launched included the Direct Industrial Fund (DIF) series including DIF4, which owns and manages over $1b in assets, and the Direct Office Fund which is the largest unlisted retail fund in the sector with $1.7b of assets under management. The Charter Hall Direct business funds have returned on average 13.7% pa since inception, outperforming the MSCI/IPD Wholesale Property Index by 3.7% pa. The business was awarded Zenith and Money Management Commercial Property Fund Manager of the Year in 2016 and 2017 for its high quality and innovative product.

Heavily involved in the growth of Macquarie Direct Property (office, industrial and retail) as Division Director assuming the CEO role in 2008 and growing the funds under management of $1.4b. Role and responsibilities in line with Charter Hall Direct role. Key achievements include resetting the strategy from an underperforming single and multiple asset syndicate business to a direct property and distribution business raising over $300m a year. Grew business revenues from $6m pa in 2004 to over $30m in 2008. Structured funds effectively to allow mergers of syndicates and offshore investment in Asian and Europe that resulted in the flagship Macquarie Direct Property Fund growing to $1.4b in 2.5 years. The Direct Property Fund was awarded Australian Property Institute Fund of the Year 2007. Managed the Direct business through the GFC and positioned its reputation well through strategic asset/fund sales, debt refinancing and ultimately its acquisition by Charter Hall in 2010.

Key roles and responsibilities included working with senior management teams in analysing their business risk profile as part of annual strategic planning and initial investment and joint venture analysis. Advised the Board quarterly on the group risk profile, including current and emerging risks and recommended risk management strategies. Created and implemented an enterprise wide approach to risk management and assurance and business continuity capability. Recruited and managed a team of risk experts Initially, managed a centralised team in Australia and, as the company expanded globally, decentralised the team which resulted in managing a number of indirect reports in various risk and assurance roles. Identified opportunities for Lend Lease to focus on Corporate Social Responsibility as an area where the company could lead and enhance its reputation. As a result, assisted in securing Lend Lease’s recognition as a sector leader on the Dow Jones Sustainability Index.

Sydney And San Francisco

Joined PwC’s Audit Business Services Division as an undergraduate gaining diverse, practical business experience from advisory assignments for leading Australian and global companies. In 1995, I was selected by the Partnership for the Manager International Program to develop skills, build network of contacts overseas and to learn to work in a different cultural environment. Managed all aspects of due diligence assignments for US and Australian based clients. I worked closely with and advised CEOs/CFOs during all aspects of mergers and acquisitions, completion audits, stock exchange listings and raising of public debt, in particular the preparation of public offering documents and dealing with the SEC.

Accounting

Bachelor Of Business Administration (Bba), Accounting And Finance

Education record